Putin: Russia’s Arms Exports reached $14.5Bln in 2015 29 March, 2016

Russian President Vladimir Putin said that exports of Russian military equipment in 2015 totaled $14.5 billion while the current foreign orders portfolio stands at over 56 billion, President Vladimir Putin. Speaking at meeting of the presidential commission on military-technical cooperation with foreign states, Putin said that  the current arms export orders portfolio has exceeded $56 billion for the first time since 1992. Putin underlined that Russia delivered military equipment to 58 countries in 2015 while expanding its presence to new markets in Africa, Latin America, South Asia and the Middle East.

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